[SINGAPORE] Beverage and publishing company Fraser and Neave (F&N) on Wednesday (Nov 12) announced a 6.4 per cent fall in net profit to S$141.3 million for the financial year ended Sep 30, from S$150.9 million a year earlier.
The profit before interest and tax rose 3.7 per cent to $308.1 million, supported by higher food and beverage (F&B) sales, as well as a more favourable commodity and currency environment, the company said in a statement.
However, profit after taxation for the period fell 4 per cent to S$210.4 million, from S$219.1 million the year before. This was mainly due to higher tax expenses arising from the expiry of a tax incentive at a subsidiary in Thailand.
Earnings per share stood at S$0.104 for the full year, from S$0.097 a year earlier.
The group’s revenue grew 7.4 per cent to S$2.3 billion, from S$2.2 billion in FY2024.
This was largely driven by the robust performance in its F&B segment, which achieved a 9 per cent increase in revenue to S$2 billion.
The board proposed a final dividend of S$0.04 per share. Together with the interim dividend of S$0.015 paid out in June 2025, the total dividend for FY2025 amounts to S$0.055, unchanged from the previous year.
Shares of F&N ended flat at S$1.50 on Tuesday.
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